2025 Year in Review: Missoula Land

Land sales activity in Missoula gained traction in 2025, driven less by volume growth and more by price realignment. Commercial and high-density residential land values in the urban core adjusted downward, enabling stalled deals to move forwardwhile limited industrial land with utility access continued to push pricing higher on the outskirts of t. These opposing trends reflect the ongoing impact of construction costs, borrowing rates, and end-user .

Matt Mellott, CCIM | SIOR outlines where values have reset, where pressure remains upward, and how Missoula’s new zoning code could influence land performance in 2026. Watch the full video for a concise breakdown of the data points and decision factors shaping land strategy heading into the new year.

 

Matt Mellott, CCIM | SIOR

Matt Mellott, CCIM | SIOR, is the Managing Partner and a Commercial Real Estate Advisor at Sterling Commercial Real Estate. With a career rooted in precision and discipline, Matt brings unparalleled expertise to Montana's commercial real estate market.
Q4 2025

Montana Quarterly Business Review

SterlingCRE Advisors
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